Trump admits reimbursing lawyer Michael Cohen $130,000 for hush-money payment to Stormy Daniels

Agencies
May 4, 2018

Washington: US president Donald Trump on Thursday admitted he reimbursed his lawyer for a $130,000 payment to a porn star, ending months of White House denial.

Trump tweeted that his personal lawyer Michael Cohen used a retainer to pay off Stormy Daniels, who claims to have had sexual relations with the now president.

But Trump slammed claims of an affair with Daniels — whose real name is Stephanie Clifford — as "false and extortionist." The sexual encounter allegedly took place in 2006, four months after Trump's wife Melania gave birth to their son Barron.

Cohen's payment was made days before the November 2016 US presidential election, potentially violating campaign financing laws.

In a burst of tweets, Trump denied the hush money was connected to his campaign, calling it a "private agreement."

Trump also said non-disclosure agreements were "very common among celebrities and people of wealth."

The admission came at an awkward time for Trump, hours before he hosted religious leaders at the White House for a National Prayer Day event, which the first lady did not attend.

Trump ignored questions about the issue from the press, and guests, many of whom were political supporters of the president, shouted "shame on you" at reporters.

Rudy Giuliani, the former New York mayor who recently joined the president's legal team, was first to disclose on Wednesday that Trump had reimbursed Cohen for the payment over a period of several months.

That news shocked many including White House Press Secretary Sarah Sanders, who has for months claimed Trump had no prior knowledge of the payment.

"The first awareness I had was during the interview last night," Sanders admitted.

"I'm giving the best information I have. Some information I am aware of and some I'm not. When I can answer, I will," she said.

In early April the FBI raided Cohen's home, office and hotel room.

NBC News on Thursday reported that the FBI has for months been monitoring the list of Cohen's calls, although not necessarily listening in, as the network first reported.

Money's source

Giuliani told Fox News host and Trump supporter Sean Hannity that the money was funnelled through a law firm "and the president repaid it."

He added that the payment did not represent a campaign financing violation because it was "not campaign money."

Giuliani told The New York Times he had documentation proving Trump had reimbursed the sum, which he said "removes the campaign finance violation" prospect.

"Some time after the campaign is over, they set up a reimbursement, $35,000 a month, out of his personal family account," Giuliani told the Times, adding that Trump gave Cohen between $460,000 and $470,000 via this method to repay the sum to the porn star as well as "incidental expenses."

Trump had previously denied all knowledge of the payment to Daniels, before admitting last week that Cohen struck a "deal" with the porn star on his behalf.

Asked by reporters on Air Force One earlier this month about the transaction, Trump said: "You'll have to ask Michael Cohen. Michael is my attorney. You'll have to ask Michael," he said.

Pressed on whether he knew where Cohen got the money to make the payment, he said: "No, I don't know. No."

'Blatantly lied'

Giuliani also told The Wall Street Journal Trump was "probably not aware" of the payment at the time it was made, having given Cohen broad "discretion to solve" a variety of issues.

Daniels' lawyer Michael Avenatti reacted swiftly to the revelation, accusing the US president of lying.

"We predicted months ago that it would be proven that the American people had been lied to as to the $130k payment and what Mr. Trump knew, when he knew it and what he did in connection with it," he wrote on Twitter.

"Every American, regardless of their politics, should be outraged by what we have now learned. Mr. Trump stood on AF1 and blatantly lied."

Daniels filed a lawsuit against the president on Monday for defamation after he trashed her claim that she had been threatened by a man representing Trump in 2011.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
April 23,2020

Geneva, Apr 23: The World Health Organisation (WHO) on Wednesday (local time) said that the COVID-19 crisis will not end any time soon, with several countries only in the initial stages of the fight against the virus.

"Make no mistake, we have a long way to go. Coronavirus will be with us for a long time. There is no question that stay at home orders and other physical distancing measures have successfully suppressed transmission in many countries," WHO chief Tedros Adhanom Ghebreyesus said in a press conference.

"Most countries are in the early stages of their epidemics. And some, which were affected early in the pandemic, are now starting to see a resurgence in the number of cases," he added.

COVID-19 has infected more than 2.6 million people around the world and a total of 1,83,027 people have died due to coronavirus, according to data from US-based Johns Hopkins University.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
Agencies
June 2,2020

Singapore, Jun 2: Moody's Investors Service on Tuesday downgraded 11 Indian banks along with as many non-financial companies and infrastructure majors besides four government-related issuers following a downgrade of the Indian government's issuer rating to Baa3 from Baa2 with a negative outlook.

The rapid and widening spread of the coronavirus outbreak, deteriorating global economic outlook, volatile oil prices and asset price declines are creating a severe and extensive credit shock across many sectors, regions and markets, said Moody's.

The Indian banking sector has been affected given the disruptions to India's economic activity from the coronavirus outbreak, which is weakening borrowers' credit profiles, it added.

The 11 lenders include Bank of Baroda, Bank of India, Canara Bank, Central Bank of India, Export-Import Bank of India, HDFC Bank, Indian Overseas Bank, IndusInd Bank, Punjab National Bank, State Bank of India and Union Bank of India.

The 11 non-finance companies are Oil and Natural Gas Corporation, Hindustan Petroleum Corporation, Oil India, Indian Oil Corporation, Bharat Petroleum Corporation, Petronet LNG, Tata Consultancy Services, Infosys, Reliance Industries, UPL Corporation and Genpact.

The 11 infrastructure companies are NTPC, NHPC, National Highways Authority of India, Power Grid Corporation, Gail India, Adani Green Energy Restricted Group (RG-2), Adani Transmission Restricted Group, Adani Ports and Special Economic Zone, Adani Transmission, Adani Electricity Mumbai and Azure Power Solar Energy.

The four Indian government-related issuers are Indian Railway Finance Corporation, Housing and Urban Development Corporation, Power Finance Corporation and REC Ltd.

"Government-related issuers in India have been affected because of disruptions to India's economy which will weaken borrowers' credit profiles," said Moody's.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
February 4,2020

Feb 4: Amid the agitations against Citizenship Amendment Act, National register of Citizens and National Population Registration across the country, Prime Minister Narendra Modi on Monday said that there is a "political design" behind all these protests including in Delhi's Jamia and Shaheen Bagh to ruin the harmony of the nation.

"Be it Seelampur, Jamia or Shaheen Bagh, protests held over the past several days regarding the Citizenship Amendment Bill. Is this just a coincidence? No. This is an experiment," said Prime Minister Narendra Modi in his first election rally for Delhi polls at Karkardooma.

"There is a political design behind all these protests including Jamia and Shaheen Bagh. These protests are a conspiracy to divide India. These protests are going to ruin the harmony of the nation," he asserted.

Lambasting the opposition parties including Congress and Aam Aadmi Party for supporting the ongoing protests, he said: "But AAP and Congress are provoking people. Constitution and tricolor are being kept in front and attention is being diverted from the real conspiracy."

"These people were doubting the ability of our forces during surgical strikes. Do citizens of Delhi want such people in power? These people are saving those who want to break India into pieces," he added.

People have been protesting at Jamia and Shaheen Bagh against CAA, NRC and NPR. Members of the Opposition have deemed CAA "discriminatory and anti-Constitution" while the Centre has maintained that the new law has no effect on Indian citizens.

Recently, two firing incidents took place near Jamia Millia Islamia University.On Sunday night, the firing incident was reported near gate number five at the university following which people including some students of the varsity gathered outside the Jamia Nagar police station. They returned from the Jamia Nagar police station after their complaint was registered.

Earlier, a student sustained injuries after a young man fired at the protestors near Jamia.

Comments

abdullah
 - 
Tuesday, 4 Feb 2020

Once again incorrect statement and only to divert people attention.  Every one knows who is ruining image of our nation.   this govt has completely failed in all aspects and trying to survive by misguiding the citizens.  Economy is reaching zero and GDP is coming down day by day, Banks and industries on getting closed. youths are unemployed due to no chance.   However, Govt is giving false statement that nothing to worry and our economy if growing.   this govt has brought black bills of CAA and MPR only to divide the society and keep them engaged and forget the falling economy.   If this situation continues, our nation will be one of the poorest countries in the world.   This govt is trying to sell all Govt hold units like Railway, Insurance, etc to private companies only to help the industrialists and to get commission from them.    LIC was running in profit till 4 to 5 years back, but now its running in loss.   Huge amount of money from LIC is taken by Govt to hide the downfall of economy.   Only God can save our country from the hands of present looters + decoits.  

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.